The cryptocurrency markets move fast, suddenly and continuously. That’s why keeping an eye on your investment in Bitcoin or the Altcoins is of fundamental importance. If you are an active trader, this is even more the case. Mobile crypto wallets are the next logical step to monitor, manage and trade your investments effectively – and whenever you want.
When choosing a mobile crypto wallet, there are different factors to be considered:
- Security– This is the first factor to consider. Especially in view of recent events, you must choose a wallet that is sure to keep your holdings safe from cybersecurity threats. In general, mobile wallets are considered to be safer than cloud wallets.
- Features– The flexibility and availability of cryptos to trade. Even if you are starting out and just want to trade Bitcoin, this might change. Many other cryptos in existence offer investors interesting characteristics and investment profiles, which may also be attractive to you at some point. Many wallets allow you to trade multiple cryptos, which gives you more trading options
- Ease of Use– Is the wallet easy to use or does it look complicated? The user-friendliness and intuitiveness of the app help you trade easier and faster. If you are trading throughout the day, this feature is even more important.
- Platform Quality– This is the software that makes your trade executions fast and at the best prices, saving you time and money.
Here are 3 major crypto wallet mobile apps with which you can buy Bitcoin:
Coinbase was one of the first crypto wallet providers in circulations, now counting more than 13 million customers in more than 40 countries. It currently supports Ether, Bitcoin, and Litecoin. Coinbase allows you to buy cryptos instantly with either bank accounts or credit cards. Instant market notifications keep you abreast of market developments:
The interface allows to quickly access all your crypto accounts in addition to currency ones:
The interface for sending and receiving Bitcoin is also very intuitive, keeping track of all your payments and payees:
Lykke is a recent crypto wallet with a top-notch pedigree. The company was founded in 2015 by Richard Olsen, previously founder of FX trading giant OANDA. The Lykke Wallet lets users trade cryptocurrencies and assets. Its innovative features include instant settlement, direct ownership and zero commission. The sign-up process is streamlined by using the phone’s camera to take pictures of the user and his/her ID:
The interface is very straightforward, with clearly visible trading and account management functions:
In addition, you can easily monitor updates quoted for different assets you own or are tracking:
Lykke offers a further feature, for enhanced security. The platform’s multisignature (multisig) wallets require two signatures (one from Lykke, one from the user) to spend funds from a particular wallet. That means that no matter what happens to the exchange, the customer’s funds are always protected.
IQ Option is a leader in cryptocurrency and binary options trading. Its platform has received multiple awards for its user-friendliness, speed of execution and available services. The IQ Option mobile app for iOS and Android replicates these features in full. Not only can you trade the 22 most popular FX pairs, but also 14 crypto currencies (including Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Zcash among others).
The interface is streamlined and visually appealing, allowing you to track assets and place instant buy/sell orders:
The advanced graphic functions are updated continuously for all assets, helping make faster and more precise trading decisions:
The deposit page gives you the option of different pay-in options. In addition to Visa and Mastercard, you can also deposit money directly with Bitcoin:
IQ Option uses a secure and encrypted SSL server to ensure customer safety. In addition, IQ Option is licensed to operate throughout the EEA (European Economic Area), adhering to the most rigorous standards of financial conduct.